Novanta NOVT US — Tax Credit Carryforward Amount
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Novanta in its filing.
Tagged under the XBRL concept us-gaap:TaxCreditCarryforwardAmount.
The source filing: Novanta’s 10-K, filed February 23, 2026.
- Filed
- Feb 23, 2026, 4:57 PM EST
- Fiscal year
- FY2025
- Accession
- 0001193125-26-064230
As of December 31, 2025, the Company had tax credit carryforwards of approximately $5.8 million, before accounting for $1.0 million of uncertain tax positions recorded against the credit carryforward. Approximately $1.5 million relate to U.S. Federal credits which will expire in 2045, and $2.7 million relate to U.S. state credits and will expire through 2046, and on which the Company maintains a full valuation allowance. $0.5 million relates to the U.S. Federal foreign tax credits which will expire through 2034, and on which the Company maintains a full valuation allowance. Approximately $0.4 million relate to other foreign jurisdictions. The remaining $0.7 million tax credit carryforwards were related to Canada and can be carried forward indefinitely. The Canadian credit carryforwards also have a full valuation allowance recorded against them.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Novanta's US — tax credit carryforward amount?
- Novanta (NOVT) reported US — tax credit carryforward amount of $1.5M in Q4 2025.
- What does US — tax credit carryforward amount mean?
- This metric quantifies the accumulated tax credits in the US segment that can be applied to reduce future income tax liabilities. Unlike operating losses, these credits often provide a dollar-for-dollar reduction in tax payable, enhancing future cash flows. It is a critical component of the company's overall domestic tax strategy and capital efficiency.
Ask your AI about Novanta's us — tax credit carryforward amount.
Connect your AI assistant and compare it to peers, right in your chat.
